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Consolidated statements of changes in equity (CHF)
In Millions, except Share data, unless otherwise specified
Total
Bank
Total shareholders' equity
Total shareholders' equity
Bank
Common shares and participation certificates
Bank
Additional paid-in capital
Additional paid-in capital
Bank
Retained earnings
Retained earnings
Bank
Treasury shares, at cost
Treasury shares, at cost
Bank
Accumulated other comprehensive income
Accumulated other comprehensive income
Bank
Noncontrolling interests
Noncontrolling interests
Bank
Comprehensive income (loss)
Comprehensive income (loss)
Bank
Balance at Dec. 31, 2008 47,221 46,149 32,302 26,868 4,400 25,166 25,059 18,780 5,132 (752) 18 (10,939) (7,741) 14,919 19,281    
Balance (in shares) at Dec. 31, 2008         43,996,652                        
Increase (decrease) in shareholders' equity                                  
Purchase of subsidiary shares from noncontrolling interests, changing ownership (7) 0   9     9             (7) (9)    
Purchase of subsidiary shares from noncontrolling interests, not changing ownership (379) (468)                       (379) (468)    
Sale of subsidiary shares to noncontrolling interests, changing ownership 4 4 (1) (1)   (1) (1)             5 5    
Sale of subsidiary shares to noncontrolling interests, not changing ownership 1,124 1,229                       1,124 1,229    
Net income/(loss) 6,411 5,732 6,724 6,429       6,724 6,429         (313) (697)    
Gains/(losses) on cash flow hedges 104 17 104 17               104 17     104 17
Foreign currency translation (768) (775) (559) (472)               (559) (472) (209) (303) (768) (775)
Unrealized gains/(losses) on securities 47 13 47 13               47 13     47 13
Actuarial gains/(losses) (348) (223) (348) (223)               (348) (223)     (348) (223)
Net prior service cost 57   57                 57       57  
Total other comprehensive income/(loss), net of tax (908) [1] (968) [2] (699) (665)               (699) (665) (209) (303) (908) (968)
Issuance of common shares/notes 17 (13) 17 (13)   17 (13)                    
Sale of treasury shares 17,657 1,695 17,657 1,695   223 50     17,434 1,645            
Repurchase of treasury shares (19,019) (2,150) (19,019) (2,150)           (19,019) (2,150)            
Share-based compensation, net of tax 930 (797) 930 (797)   (551) (797)     1,481              
Dividends on share-based compensation, net of tax   (5)   (5)     (5)                    
Cash dividends paid (375) (252) (246) (141)       (246) (141)         (129) (111)    
Change in scope of consolidation (4,258) (4,491)                       (4,258) (4,491)    
Other 98 86 40 (1)   40 (3)   2         58 87    
Balance at Dec. 31, 2009 48,328 45,751 37,517 31,228 4,400 24,706 24,299 25,258 11,422 (856) (487) (11,638) (8,406) 10,811 14,523    
Balance (in shares) at Dec. 31, 2009         43,996,652                        
Increase (decrease) in shareholders' equity                                  
Purchase of subsidiary shares from noncontrolling interests, changing ownership (57) (9) (20)     (20)               (37) (9)    
Purchase of subsidiary shares from noncontrolling interests, not changing ownership (2,059) (2,207)                       (2,059) (2,207)    
Sale of subsidiary shares to noncontrolling interests, changing ownership 1                         1      
Sale of subsidiary shares to noncontrolling interests, not changing ownership 1,907 471                       1,907 471    
Net income/(loss) 5,920 4,994 5,098 4,192       5,098 4,192         822 802    
Cumulative effect of accounting changes, net of tax (Accounting Standards Update 2009-17 Consolidations (Topic 810)) (2,249) (2,249) (2,249) (2,249)       (2,384) (2,384)     135 135        
Gains/(losses) on cash flow hedges 8 22 8 22               8 22     8 22
Foreign currency translation (3,579) (3,598) (2,835) (2,365)               (2,835) (2,365) (744) (1,233) (3,579) (3,598)
Unrealized gains/(losses) on securities 7 14 7 14               7 14     7 14
Actuarial gains/(losses) (245) (111) (245) (110)               (245) (110)   (1) (245) (111)
Net prior service cost 13 (1) 13 (1)               13 (1)     13 (1)
Total other comprehensive income/(loss), net of tax (3,796) [1] (3,674) [2] (3,052) (2,440)               (3,052) (2,440) (744) (1,234) (3,796) (3,674)
Issuance of common shares/notes 9 1,567 9 1,567   9 1,567                    
Sale of treasury shares 24,749 2,082 24,749 2,082   19 (28)     24,730 2,110            
Repurchase of treasury shares (26,846) (1,623) (26,846) (1,623)           (26,846) (1,623)            
Share-based compensation, net of tax 836 (1,715) 827 (1,725)   (1,593) (1,725)     2,420       9 10    
Dividends on share-based compensation, net of tax   (87)   (87)     (87)                    
Cash dividends paid (2,800) (3,305) (2,656) (3,162)       (2,656) (3,162)         (144) (143)    
Change in scope of consolidation (911) (911)                       (911) (911)    
Other 78 79                       78 79    
Balance at Dec. 31, 2010 43,015 39,164 33,282 27,783 4,400 23,026 24,026 25,316 10,068 (552) 0 [3] (14,555) (10,711) 9,733 11,381    
Balance (in shares) at Dec. 31, 2010 [4]         43,996,652                        
Increase (decrease) in shareholders' equity                                  
Purchase of subsidiary shares from noncontrolling interests, changing ownership (100) (1) 6 (5)   6 (5)             (106) 4    
Purchase of subsidiary shares from noncontrolling interests, not changing ownership [5],[6] (3,042) (3,369)                       (3,042) (3,369)    
Sale of subsidiary shares to noncontrolling interests, changing ownership     (7)     (7)               7      
Sale of subsidiary shares to noncontrolling interests, not changing ownership [5] 522 544                       522 544    
Net income/(loss) 2,741 1,880 1,953 1,028       1,953 1,028         788 [7] 852 [7]    
Gains/(losses) on cash flow hedges (33) (32) (33) (32)               (33) (32)     (33) (32)
Foreign currency translation (263) (295) (308) (334)               (308) (334) 45 39 (263) (295)
Unrealized gains/(losses) on securities (18) (2) (18) (2)               (18) (2)     (18) (2)
Actuarial gains/(losses) (615) 142 (615) 142               (615) 142     (615) 142
Net prior service cost 395 (1) 395 (1)               395 (1)     395 (1)
Total other comprehensive income/(loss), net of tax (534) [1] (188) [2] (579) (227)               (579) (227) 45 39 (534) (188)
Issuance of common shares/notes 1,127 (2) 1,127 (2)   1,125 (2)                    
Sale of treasury shares 11,853 615 11,853 615   (102) 3     11,955 612 [3]            
Repurchase of treasury shares (11,790) (612) (11,790) (612)           (11,790) (612) [3]            
Share-based compensation, net of tax 152 (144) 152 (142)   (145) [8] (142) [9]     297         (2)    
Dividends on share-based compensation, net of tax   (85)   (85)     (85)                    
Cash dividends paid (1,948) (285) (1,862) (226)   (1,646) [10]   (216) (226)         (86) (59)    
Changes in redeemable noncontrolling interests (765) (765) (625) (625)   (625) [11] (625) [12]             (140) (140)    
Change in scope of consolidation (310) (302)                       (310) (302)    
Balance at Dec. 31, 2011 41,085 36,450 33,674 27,502 4,400 21,796 23,170 27,053 10,870 (90) 0 [3] (15,134) (10,938) 7,411 8,948    
Balance (in shares) at Dec. 31, 2011         43,996,652                        
[1] Refer to "Note 25 - Accumulated other comprehensive income" for details on the components of other comprehensive income.
[2] Refer to "Note 24 - Accumulated other comprehensive income" for details on the components of other comprehensive income.
[3] Reflects Credit Suisse Group shares which are reported as treasury shares. Those shares are held to economically hedge share award obligations.
[4] The Bank's total share capital is fully paid and consists of 43,996,652 registered shares with nominal value of CHF 100 per share. Each share is entitled to one vote. The Bank has no warrants on its own shares outstanding.
[5] Transactions with and without ownership changes related to fund activity are all displayed under "not changing ownership".
[6] Distributions to owners in funds include the return of original capital invested and any related dividends.
[7] Net income attributable to noncontrolling interests excludes CHF 49 million due to redeemable noncontrolling interests.
[8] Includes a net tax charge of CHF 280 million from the excess recognized compensation expense over fair value of shares delivered.
[9] Includes a net tax charge of CHF 277 million from the excess recognized compensation expense over fair value of shares delivered.
[10] Paid out of reserves from capital contributions.
[11] Represents the accrued portion of the redemption value of redeemable noncontrolling interests in Credit Suisse Hedging-Griffo Investimentos S.A. Refer to "Other commitments" in Note 31 - Guarantees and commitments for further information.
[12] Represents the accrued portion of the redemption value of redeemable noncontrolling interests in Credit Suisse Hedging-Griffo Investimentos S.A.. Refer to "Note 30 - Guarantees and commitments" for further information.